Unfortunately, climate action is a collective effort globally. With him being in the pocket of Big Oil, expect no further investment into renewables and increased coal mining, fracking, and oil drilling.
Anyone who cared about climate and voted for him (or abstained/voted third party) basically fucked themselves and everybody else.
That’s nice, but Americans and American companies can’t afford non renewable energy. Trump needs to triple subsidies over the next 4 years to keep them competitive with renewable energy.
Just a reminder, Trump is not more corrupt or well bribed than Texas, and Texas is one of the largest producers of renewable energy in the Western hemisphere. Money wins over ideology, and there’s a lot more money to be had with solar and wind given the now low upfront costs and nearly non-existent maintenance costs compared to all fossil fuels.
Counterpoint, Alberta exists and low costs benefit the consumer, not the company. I am fully confident that the profit made by oil and gas is significantly more than the tight profit margins in renewables, which means far less money to throw at politicians. Oil and gas can therefore throw much more money at Trump and still be in the black on their ‘investment’, even if you ignore that Trump has deep ideological and political opposition to renewables.
Renewables don’t have tight profit margins, you’re think of nuclear, maybe hydro.
Solar approaches a 100% profit margin after 20 years, wind only ever gets to 90ish but still has the same timeline. Without subsidies, neither oil or coal gets profitable.
Unfortunately, climate action is a collective effort globally. With him being in the pocket of Big Oil, expect no further investment into renewables and increased coal mining, fracking, and oil drilling.
Anyone who cared about climate and voted for him (or abstained/voted third party) basically fucked themselves and everybody else.
i think that intersection is very small.
Which is why I also included abstainers. Not large groups on their own, but enough to swing an election
That’s nice, but Americans and American companies can’t afford non renewable energy. Trump needs to triple subsidies over the next 4 years to keep them competitive with renewable energy.
Just a reminder, Trump is not more corrupt or well bribed than Texas, and Texas is one of the largest producers of renewable energy in the Western hemisphere. Money wins over ideology, and there’s a lot more money to be had with solar and wind given the now low upfront costs and nearly non-existent maintenance costs compared to all fossil fuels.
Counterpoint, Alberta exists and low costs benefit the consumer, not the company. I am fully confident that the profit made by oil and gas is significantly more than the tight profit margins in renewables, which means far less money to throw at politicians. Oil and gas can therefore throw much more money at Trump and still be in the black on their ‘investment’, even if you ignore that Trump has deep ideological and political opposition to renewables.
Renewables don’t have tight profit margins, you’re think of nuclear, maybe hydro.
Solar approaches a 100% profit margin after 20 years, wind only ever gets to 90ish but still has the same timeline. Without subsidies, neither oil or coal gets profitable.